7 hours ago
Without a signed, prospective contract, Medicaid treats family caregiver payments as gifts, exposing $60,000 in payments to a six-month nursing home ineligibility penalty.
A defensible care agreement must be signed before services begin, specify duties and market-rate pay, and be backed by time sheets and traceable payments.
At 20 documented hours per week, $2,500 monthly works out to roughly $29 per hour, defensible against the 2025 national median caregiver rate of $35.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Picture a widow in her 80s who pays her adult daughter $2,500 a month for two years to handle bathing, meals, medications, driving to appointments, and overnight supervision. The care is real. The daughter cuts back her own job to provide it. One year later, mom breaks a hip, lands in a nursing home, and applies for institutional Medicaid. The caseworker pulls five years of bank statements, spots $60,000 in recurring payments to the daughter, and finds no signed agreement, no time sheets, no invoices. In that state, the agency treats every dollar as an uncompensated transfer, effectively a gift.
#signed #daughter
A defensible care agreement must be signed before services begin, specify duties and market-rate pay, and be backed by time sheets and traceable payments.
At 20 documented hours per week, $2,500 monthly works out to roughly $29 per hour, defensible against the 2025 national median caregiver rate of $35.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Picture a widow in her 80s who pays her adult daughter $2,500 a month for two years to handle bathing, meals, medications, driving to appointments, and overnight supervision. The care is real. The daughter cuts back her own job to provide it. One year later, mom breaks a hip, lands in a nursing home, and applies for institutional Medicaid. The caseworker pulls five years of bank statements, spots $60,000 in recurring payments to the daughter, and finds no signed agreement, no time sheets, no invoices. In that state, the agency treats every dollar as an uncompensated transfer, effectively a gift.
#signed #daughter
7 hours ago
Around 57% of households have some type of unsecured debt, including credit cards and personal loans. This debt can be a financial burden because borrowers must make monthly payments and cover interest.
Once you've taken on debt, you're committed to paying it back. Otherwise, you could hurt your credit score and face collection activity. But what happens if the company you borrowed from runs into financial trouble and goes out of business? Does that mean your debt disappears?
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#around
Once you've taken on debt, you're committed to paying it back. Otherwise, you could hurt your credit score and face collection activity. But what happens if the company you borrowed from runs into financial trouble and goes out of business? Does that mean your debt disappears?
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#around
9 hours ago
Whirlpool already cut its dividend 49% then skipped a payment entirely, while KHC's yield is inflated by a 55% decade-long price collapse with frozen payouts since 2019.
IEP's 29% yield masks two prior cuts and a 68% cash drop year over year, while UPS's quarterly operating cash flow fell $469 million short of its dividend payout.
A collapsing share price mechanically inflates yield, making high-yield stocks look attractive precisely when the underlying business is deteriorating most.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Yield is a promise, not a payment. When a stock advertises a payout that looks two or three times the market average, it usually means the market has already decided something is wrong. The screen below flags six US-listed names where the numbers behind the yield show real strain: shrinking cash flow, stretched coverage, or a share price that collapsed and inflated the yield mechanically. None of these companies has announced a cut. Each has warning signs a retirement-focused reader should understand before buying the yield.
#inflated
IEP's 29% yield masks two prior cuts and a 68% cash drop year over year, while UPS's quarterly operating cash flow fell $469 million short of its dividend payout.
A collapsing share price mechanically inflates yield, making high-yield stocks look attractive precisely when the underlying business is deteriorating most.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Yield is a promise, not a payment. When a stock advertises a payout that looks two or three times the market average, it usually means the market has already decided something is wrong. The screen below flags six US-listed names where the numbers behind the yield show real strain: shrinking cash flow, stretched coverage, or a share price that collapsed and inflated the yield mechanically. None of these companies has announced a cut. Each has warning signs a retirement-focused reader should understand before buying the yield.
#inflated
10 hours ago
Owning a $400,000 Villages home costs owners roughly 4.5% annually in forgone investment income alone, before taxes, insurance, or CDD bond payments.
Annual rentals run between $2,200 and $3,000 a month, but renting beats owning only for stays under eight years once all costs are counted.
A 75-year-old facing a forced sale in a narrow buyer pool at 3.98 million existing home sales risks losing the flexibility a lease ending provides.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
At the end of the day, renting versus buying in The Villages comes down to one thing: math. More owners are running the numbers and finding that renting wins on the spreadsheet, so here is what the comparison actually looks like when every line is filled in.
#income
Annual rentals run between $2,200 and $3,000 a month, but renting beats owning only for stays under eight years once all costs are counted.
A 75-year-old facing a forced sale in a narrow buyer pool at 3.98 million existing home sales risks losing the flexibility a lease ending provides.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
At the end of the day, renting versus buying in The Villages comes down to one thing: math. More owners are running the numbers and finding that renting wins on the spreadsheet, so here is what the comparison actually looks like when every line is filled in.
#income
10 hours ago
XRP serves three live functions: cross-currency payment settlement, collateral at Ripple Prime, and streaming payments for AI software agents via Stripe's Machine Payments Protocol.
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.
#payment #live #settlement #Streaming
XRP's native Payment Channels enable streaming micropayments in one settlement transaction, a capability Ripple's own RLUSD stablecoin cannot yet match.
Agent payments remain in beta with zero live commercial volume, while payments and collateral already handle real institutional capital.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
XRP (CRYPTO:XRP) serves three key functions. It facilitates payment settlements between currencies, acts as collateral for positions at prime brokers, and more recently, it covers expenses for software agents. The latter function was introduced through a standard co-authored by Stripe and Tempo, using XRP in a way Ripple's own dollar stablecoin has yet to achieve.
#payment #live #settlement #Streaming
11 hours ago
Empress Royalty has signed a stream purchase agreement (SPA) for an interest in production from the Tongon Gold Mine in Côte d'Ivoire for an upfront cash payment of $62m (C$86.78m).
The agreement, made through its wholly owned subsidiary Empress Holdings, was reached with Appian Tongon Streamco.
In connection with the acquisition, Empress Holdings has also entered into a $75m senior secured credit facility with Appian Empire Loanco, providing an initial $55m draw at closing to partially fund the purchase, with a further $20m committed for future royalty and stream transactions.
According to the terms of the stream agreement, Empress Holdings will receive 3.58% of Tongon's payable gold output until 400,000 ****** ulative ounces have been delivered from 31 January 2026.
This percentage will then decrease to 2.93% until 600,000oz are delivered, and subsequently to 0.81% of gold production for the remainder of the stream's term, which is approximately 29 years from the acquisition date.
#Gold #production
The agreement, made through its wholly owned subsidiary Empress Holdings, was reached with Appian Tongon Streamco.
In connection with the acquisition, Empress Holdings has also entered into a $75m senior secured credit facility with Appian Empire Loanco, providing an initial $55m draw at closing to partially fund the purchase, with a further $20m committed for future royalty and stream transactions.
According to the terms of the stream agreement, Empress Holdings will receive 3.58% of Tongon's payable gold output until 400,000 ****** ulative ounces have been delivered from 31 January 2026.
This percentage will then decrease to 2.93% until 600,000oz are delivered, and subsequently to 0.81% of gold production for the remainder of the stream's term, which is approximately 29 years from the acquisition date.
#Gold #production
11 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Credit counseling sets you up with a debt management plan that consolidates your payments and may lower your interest rate or monthly payment, but it typically doesn't reduce how much debt you actually owe.
Debt settlement aims to negotiate down the amount you owe, but it carries more risk. Creditors may refuse to negotiate, you're often told to stop paying during negotiations (which can hurt your credit), and there's no guarantee of success.
Here's what to know about the cost, process, and potential long-term effects of each strategy so you can make the right choice for your debt payoff.
Credit counseling
#disclosure #advertisers
Credit counseling sets you up with a debt management plan that consolidates your payments and may lower your interest rate or monthly payment, but it typically doesn't reduce how much debt you actually owe.
Debt settlement aims to negotiate down the amount you owe, but it carries more risk. Creditors may refuse to negotiate, you're often told to stop paying during negotiations (which can hurt your credit), and there's no guarantee of success.
Here's what to know about the cost, process, and potential long-term effects of each strategy so you can make the right choice for your debt payoff.
Credit counseling
#disclosure #advertisers
16 hours ago
Interested in HCA Healthcare, Inc.? Here are five stocks we like better.
Exchange-related pressure is weighing on HCA's 2026 outlook: The expiration of enhanced tax credits is pushing some patients into uninsured status, with estimated full-year impact of $1 billion to $1.2 billion and slower elective-care utilization.
State supplemental payments and underlying demand provide offsets: HCA expects a $300 million to $500 million net benefit from state programs, while insured business excluding exchange plans grew 3.2% and adjusted admissions increased 2.7% in the second quarter.
HCA is pursuing long-term growth through capacity and efficiency investments: The company is expanding outpatient facilities, improving patient throughput and cost management, and maintaining a target of 4% to 6% long-term revenue growth with stable margins.
Healthcare Added 35,200 Jobs—3 Stocks Positioned to Benefit
#healthcare #Growth
Exchange-related pressure is weighing on HCA's 2026 outlook: The expiration of enhanced tax credits is pushing some patients into uninsured status, with estimated full-year impact of $1 billion to $1.2 billion and slower elective-care utilization.
State supplemental payments and underlying demand provide offsets: HCA expects a $300 million to $500 million net benefit from state programs, while insured business excluding exchange plans grew 3.2% and adjusted admissions increased 2.7% in the second quarter.
HCA is pursuing long-term growth through capacity and efficiency investments: The company is expanding outpatient facilities, improving patient throughput and cost management, and maintaining a target of 4% to 6% long-term revenue growth with stable margins.
Healthcare Added 35,200 Jobs—3 Stocks Positioned to Benefit
#healthcare #Growth
16 hours ago
On September 15, Jazz Pharmaceuticals plc (NASDAQ:JAZZ) completed its acquisition of privately held Actio Biosciences for $820 million upfront, adding a clinical-stage epilepsy drug called ABS-1230 to its rare disease pipeline. The deal lands weeks after Jazz posted its highest quarterly revenue ever on August 3, and raised its full-year guidance, so a fresh acquisition now sits on top of a business that was already accelerating. The question for investors is whether that combination adds up to durable growth or just a bigger bill.
ABS-1230 targets KCNT1-related epilepsy, a rare and hard-to-treat form of the disease. In an early clinical proof-of-concept trial, children who received the drug experienced meaningful seizure reductions, and preclinical testing showed it inhibited KCNT1 across every pathogenic mutation researchers evaluated, hinting it could work across the whole patient population rather than a narrow subset. The FDA has already granted ABS-1230 Orphan Drug, Rare Pediatric Disease and Fast Track designations, and accepted it into the agency's Rare Disease Evidence Principles process, a set of regulatory advantages that can speed a drug toward approval.
The acquisition also arrives while Jazz's existing business is firing on multiple cylinders. Second-quarter revenue climbed 16% year over year to $1.2 billion, the company's highest quarterly total on record, and management raised full-year 2026 revenue guidance to a range of $4.6 billion to $4.75 billion. Growth was not confined to one product. Xywav sales rose 13% to $471 million on 525 net new patients, Epidiolex grew 16% to $292 million, and Zepzelca jumped 42% to $106 million. Zanidatamab, sold as Ziihera in biliary tract cancer, also received Breakthrough Therapy designation from the FDA for a form of colorectal cancer, adding another avenue for the oncology franchise Jazz has been building beyond its epilepsy and sleep businesses.
None of that came free. The $820 million upfront payment for Actio lands on top of $4.4 billion in long-term debt that Jazz already carried as of June 30, even after the company used part of its cash to repay $1.0 billion of exchangeable notes that matured this year. Cash, equivalents and investments stood at $2.2 billion at that point, meaning the Actio payment alone accounts for a meaningful share of the company's liquid resources.
Jazz's recent history also shows how acquisitions can distort the bottom line before they pay off. A $905.4 million in-process research and development charge tied to the 2025 Chimerix acquisition pushed second-quarter 2025 GAAP earnings to a loss of $11.74 per share, and a smaller $77 million IPR&D charge from the AbCellera and Werewolf deals still dented second-quarter 2026 results. ABS-1230 itself remains early, with only proof-of-concept data in hand and no late-stage trial results yet. The portfolio is not without setbacks, either. Jazz is moving to voluntarily drop the second-line indication for Zepzelca in meta
ABS-1230 targets KCNT1-related epilepsy, a rare and hard-to-treat form of the disease. In an early clinical proof-of-concept trial, children who received the drug experienced meaningful seizure reductions, and preclinical testing showed it inhibited KCNT1 across every pathogenic mutation researchers evaluated, hinting it could work across the whole patient population rather than a narrow subset. The FDA has already granted ABS-1230 Orphan Drug, Rare Pediatric Disease and Fast Track designations, and accepted it into the agency's Rare Disease Evidence Principles process, a set of regulatory advantages that can speed a drug toward approval.
The acquisition also arrives while Jazz's existing business is firing on multiple cylinders. Second-quarter revenue climbed 16% year over year to $1.2 billion, the company's highest quarterly total on record, and management raised full-year 2026 revenue guidance to a range of $4.6 billion to $4.75 billion. Growth was not confined to one product. Xywav sales rose 13% to $471 million on 525 net new patients, Epidiolex grew 16% to $292 million, and Zepzelca jumped 42% to $106 million. Zanidatamab, sold as Ziihera in biliary tract cancer, also received Breakthrough Therapy designation from the FDA for a form of colorectal cancer, adding another avenue for the oncology franchise Jazz has been building beyond its epilepsy and sleep businesses.
None of that came free. The $820 million upfront payment for Actio lands on top of $4.4 billion in long-term debt that Jazz already carried as of June 30, even after the company used part of its cash to repay $1.0 billion of exchangeable notes that matured this year. Cash, equivalents and investments stood at $2.2 billion at that point, meaning the Actio payment alone accounts for a meaningful share of the company's liquid resources.
Jazz's recent history also shows how acquisitions can distort the bottom line before they pay off. A $905.4 million in-process research and development charge tied to the 2025 Chimerix acquisition pushed second-quarter 2025 GAAP earnings to a loss of $11.74 per share, and a smaller $77 million IPR&D charge from the AbCellera and Werewolf deals still dented second-quarter 2026 results. ABS-1230 itself remains early, with only proof-of-concept data in hand and no late-stage trial results yet. The portfolio is not without setbacks, either. Jazz is moving to voluntarily drop the second-line indication for Zepzelca in meta
16 hours ago
Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt.
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
17 hours ago
Interested in Capital One Financial Corporation? Here are five stocks we like better.
Consumer credit remains resilient: Capital One reported strong spending, stable delinquencies and better-than-seasonal charge-offs, including among lower-income customers in its portfolio. Auto lending is also growing while the company maintains underwriting and margin standards.
Discover integration is progressing toward 2027 completion: New Discover card originations have moved to Capital One's platform, with the existing portfolio conversion expected to finish in January 2027 and broader integration substantially complete by mid-2027. Capital One has achieved about one-third of its targeted $1.5 billion in operating-expense synergies.
Capital One is expanding beyond lending: The company sees Brex as a strategic commercial-payments platform and plans to leverage its technology, marketing reach and small-business customer base. With a 13.7% common equity tier 1 ratio, management says it can fund investments while maintaining conservative capital and shareholder returns.
These 4 Earnings Reports Expose the Market's Growing Economic Divide
#company #integration #interested
Consumer credit remains resilient: Capital One reported strong spending, stable delinquencies and better-than-seasonal charge-offs, including among lower-income customers in its portfolio. Auto lending is also growing while the company maintains underwriting and margin standards.
Discover integration is progressing toward 2027 completion: New Discover card originations have moved to Capital One's platform, with the existing portfolio conversion expected to finish in January 2027 and broader integration substantially complete by mid-2027. Capital One has achieved about one-third of its targeted $1.5 billion in operating-expense synergies.
Capital One is expanding beyond lending: The company sees Brex as a strategic commercial-payments platform and plans to leverage its technology, marketing reach and small-business customer base. With a 13.7% common equity tier 1 ratio, management says it can fund investments while maintaining conservative capital and shareholder returns.
These 4 Earnings Reports Expose the Market's Growing Economic Divide
#company #integration #interested
17 hours ago
On September 9, 2026, Reuters reported that Meta Platforms, Inc. (NASDAQ:META) rolled out Muse, a long-touted AI agent that can autonomously send emails, sell a car, and book travel on a person's behalf, despite internal concerns among Meta's own employees that the technology mismanages access to sensitive personal data. The agent is modeled on the open-source system OpenClaw and available initially only in the U.S. through a dedicated app or WhatsApp. It is designed to access apps across email, calendar, payments, health, shopping, and smart-home categories as the centerpiece of CEO Mark Zuckerberg's "personal superintelligence" strategy.
Muse could give Meta Platforms, Inc. (NASDAQ:META) a new revenue stream beyond advertising by turning its massive user base into paying AI customers. The company launched Muse with a free tier and $20 and $100 monthly subscription options for heavier users. The agent can handle tasks such as sending emails, selling items, and booking travel. It gives Meta a direct way to monetize AI capabilities and diversify its revenue base.
The new AI agent could help Meta generate returns from its enormous AI infrastructure investment. Meta expects AI infrastructure spending to exceed $130 billion this year, increasing the importance of monetizing its AI capabilities. Meta can distribute Muse through WhatsApp and eventually connect it with smart glasses. It gives the company multiple ways to expand usage and build a broader consumer AI ecosystem.
Meta has strengthened Muse's safeguards before launching the product. It could support wider use. Meta delayed the launch from April to improve security and added an autonomous safety agent that monitors Muse's actions. Users can also control which apps Muse can access, while Meta plans an encrypted version. It gives the company a path to address security concerns as it expands the product.
Muse's security failures could damage consumer trust in a product that needs access to sensitive information. Internal testing uncovered an incident in which Muse exposed private iCloud photos. Employees also reported other security concerns. Such failures could discourage users from connecting email, payment, health, and other personal accounts, limiting subscription adoption and Meta Platforms, Inc. (NASDAQ:META)'s potential revenue from Muse.
#muse
Muse could give Meta Platforms, Inc. (NASDAQ:META) a new revenue stream beyond advertising by turning its massive user base into paying AI customers. The company launched Muse with a free tier and $20 and $100 monthly subscription options for heavier users. The agent can handle tasks such as sending emails, selling items, and booking travel. It gives Meta a direct way to monetize AI capabilities and diversify its revenue base.
The new AI agent could help Meta generate returns from its enormous AI infrastructure investment. Meta expects AI infrastructure spending to exceed $130 billion this year, increasing the importance of monetizing its AI capabilities. Meta can distribute Muse through WhatsApp and eventually connect it with smart glasses. It gives the company multiple ways to expand usage and build a broader consumer AI ecosystem.
Meta has strengthened Muse's safeguards before launching the product. It could support wider use. Meta delayed the launch from April to improve security and added an autonomous safety agent that monitors Muse's actions. Users can also control which apps Muse can access, while Meta plans an encrypted version. It gives the company a path to address security concerns as it expands the product.
Muse's security failures could damage consumer trust in a product that needs access to sensitive information. Internal testing uncovered an incident in which Muse exposed private iCloud photos. Employees also reported other security concerns. Such failures could discourage users from connecting email, payment, health, and other personal accounts, limiting subscription adoption and Meta Platforms, Inc. (NASDAQ:META)'s potential revenue from Muse.
#muse
19 hours ago
Meta refused to remove a deepfake ad cloning Clark Howard's face to sell fraudulent insurance, telling him it meets their standards.
Meta earns nearly all of its $59 billion quarterly revenue from ads, giving automated systems little incentive to reject borderline content.
Credit cards are the only payment method offering strong fraud recovery; wire transfers, gift cards, and peer-to-peer payments are virtually unrecoverable.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
On his September 16 podcast, consumer advocate Clark Howard said an AI-generated Facebook ad cloning his face and voice is selling a fraudulent insurance product, and that the platform refuses to take it down.
#clark #face #fraudulent #insurance
Meta earns nearly all of its $59 billion quarterly revenue from ads, giving automated systems little incentive to reject borderline content.
Credit cards are the only payment method offering strong fraud recovery; wire transfers, gift cards, and peer-to-peer payments are virtually unrecoverable.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
On his September 16 podcast, consumer advocate Clark Howard said an AI-generated Facebook ad cloning his face and voice is selling a fraudulent insurance product, and that the platform refuses to take it down.
#clark #face #fraudulent #insurance
20 hours ago
On September 2, 2026, Phreesia, Inc. (NYSE:PHR) reported second-quarter fiscal 2027 results for the period ended July 31, 2026. Revenue rose 10% to $129.5 million and adjusted EBITDA climbed to $32.9 million from $22.1 million a year earlier, a 25% margin. Net income reached $1.9 million, marking the company's fifth consecutive quarter of profitability. Management reaffirmed full-year revenue guidance of $510 million to $520 million and adjusted EBITDA of $125 million to $135 million.
The disagreement on Wall Street is about what that reaffirmation actually signals.
Wells Fargo found the highlight in Network Solutions, which grew 9% year-over-year, and pointed to the ProviderConnect pilot delivering a 4% prescription lift in a GLP-1 campaign that management says is generating follow-on business; the firm raised its target on Phreesia, Inc. (NYSE:PHR) to $10 from $9 while holding an Equal Weight rating.
DA Davidson stayed at Buy despite trimming its target on Phreesia, Inc. (NYSE:PHR) to $13 from $14, arguing the stock sold off on a reiterated guide even though network solutions activity is tracking more encouragingly than the prior outlook and AccessOne is opening a growing opportunity in alternative consumer payment options.
Baird ******* yst Joe Vruwink lifted his target to $11 from $10 at Neutral after updating his model.
#million #solutions
The disagreement on Wall Street is about what that reaffirmation actually signals.
Wells Fargo found the highlight in Network Solutions, which grew 9% year-over-year, and pointed to the ProviderConnect pilot delivering a 4% prescription lift in a GLP-1 campaign that management says is generating follow-on business; the firm raised its target on Phreesia, Inc. (NYSE:PHR) to $10 from $9 while holding an Equal Weight rating.
DA Davidson stayed at Buy despite trimming its target on Phreesia, Inc. (NYSE:PHR) to $13 from $14, arguing the stock sold off on a reiterated guide even though network solutions activity is tracking more encouragingly than the prior outlook and AccessOne is opening a growing opportunity in alternative consumer payment options.
Baird ******* yst Joe Vruwink lifted his target to $11 from $10 at Neutral after updating his model.
#million #solutions
21 hours ago
In mid-September, stablecoins received a fresh injection of legitimacy when payments specialist MoneyGram introduced a new Visa-branded debit card backed by one. The product is somewhat unimaginatively called the MoneyGram Card, underpinned by the USDC (CRYPTO: USDC) stablecoin. In turn, Circle Internet Group (NYSE: CRCL) develops and manages the coin.
I believe this is a positive development not only for USDC and the company that co-developed and manages it but also for the wider stablecoin ecosystem. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
MoneyGram is the ideal company to offer such a card, as its bread and ***** er is remittances (i.e., cross-border payments, usually from people in economically advantaged countries to ***** ociates in less prosperous ones).
One of the great promises of cryptocurrencies is that transacting in them can be almost instantaneous and near-frictionless, anywhere in the world. So they're very suitable for remittances, as the facilitator behind them has less contact with challenges such as sharp exchange-rate moves, slow transaction settlement times, and other impediments to money transfers.
#usdc #signal #company #payments
I believe this is a positive development not only for USDC and the company that co-developed and manages it but also for the wider stablecoin ecosystem. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
MoneyGram is the ideal company to offer such a card, as its bread and ***** er is remittances (i.e., cross-border payments, usually from people in economically advantaged countries to ***** ociates in less prosperous ones).
One of the great promises of cryptocurrencies is that transacting in them can be almost instantaneous and near-frictionless, anywhere in the world. So they're very suitable for remittances, as the facilitator behind them has less contact with challenges such as sharp exchange-rate moves, slow transaction settlement times, and other impediments to money transfers.
#usdc #signal #company #payments
21 hours ago
Ondas Inc. (NASDAQ:ONDS) completed its acquisitions of GATE Technologies Ltd. and Bron Technologies on September 14, adding electronic safety and fuzing components used across precision weapons. GATE supplies the technology, while Bron provides manufacturing and certification capabilities in Poland.
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
21 hours ago
The Hain Celestial Group, Inc. (NASDAQ:HAIN) announced on September 14 that it agreed to sell most international operations to AURELIUS for estimated cash consideration of $323 million. Expected net proceeds of $305 million to $310 million would repay debt and leave a business concentrated in North America.
The immediate hurdle is financing. The agreement, signed September 12, requires a credit-agreement amendment by October 12 extending the December 22, 2026 maturity by at least nine months. AURELIUS can terminate if that amendment is not secured by the deadline.
The Hain Celestial Group, Inc. (NASDAQ:HAIN) expects closing in its fiscal second quarter ending December 31, subject to lender agreement and regulatory approvals. The dollar consideration estimates also depend on exchange rates because the purchase price is denominated in sterling.
The transaction could materially reduce the debt burden. The Hain Celestial Group, Inc. (NASDAQ:HAIN) reported $558 million of total debt as of June 30. Subtracting the estimated net proceeds implies approximately $248 million to $253 million remaining, a calculation using rounded figures before subsequent borrowings, repayments, or other changes.
That reduction could lower interest expense and give management more room to stabilize the retained brands. The remaining portfolio includes Celestial Seasonings tea, The Greek Gods yogurt and Earth's Best baby and kids foods.
#december
The immediate hurdle is financing. The agreement, signed September 12, requires a credit-agreement amendment by October 12 extending the December 22, 2026 maturity by at least nine months. AURELIUS can terminate if that amendment is not secured by the deadline.
The Hain Celestial Group, Inc. (NASDAQ:HAIN) expects closing in its fiscal second quarter ending December 31, subject to lender agreement and regulatory approvals. The dollar consideration estimates also depend on exchange rates because the purchase price is denominated in sterling.
The transaction could materially reduce the debt burden. The Hain Celestial Group, Inc. (NASDAQ:HAIN) reported $558 million of total debt as of June 30. Subtracting the estimated net proceeds implies approximately $248 million to $253 million remaining, a calculation using rounded figures before subsequent borrowings, repayments, or other changes.
That reduction could lower interest expense and give management more room to stabilize the retained brands. The remaining portfolio includes Celestial Seasonings tea, The Greek Gods yogurt and Earth's Best baby and kids foods.
#december
22 hours ago
Federal student loans are, for many students, the best option for covering postsecondary education and related expenses.
With fixed interest rates, clear grace periods and forbearance options, federal loans offer predictable repayment schedules.
Some borrowers may even qualify for loan forgiveness under Public Service Loan Forgiveness, income-driven repayment plans or the Teacher Loan Forgiveness program.
Though federal student loans have benefits compared to private loans, consider any borrowing carefully before committing to a debt.
If you don't have cash on hand to completely cover the cost of attendance for college — around $38,000 per year on average, according to the Education Data Initiative — you're not alone. More than 42 million borrowers have federal student loan debt.
#loan #debt
With fixed interest rates, clear grace periods and forbearance options, federal loans offer predictable repayment schedules.
Some borrowers may even qualify for loan forgiveness under Public Service Loan Forgiveness, income-driven repayment plans or the Teacher Loan Forgiveness program.
Though federal student loans have benefits compared to private loans, consider any borrowing carefully before committing to a debt.
If you don't have cash on hand to completely cover the cost of attendance for college — around $38,000 per year on average, according to the Education Data Initiative — you're not alone. More than 42 million borrowers have federal student loan debt.
#loan #debt
22 hours ago
Exodus Movement, Inc. (NYSEAMERICAN:EXOD) reported on September 11 that August payment-processing gross transaction volume reached $356.8 million, up from $338.0 million in July. Monthly active cards declined to 757,900 from 783,600.
Separately, Web3 exchange-provider processed volume increased to $376.8 million from $314.8 million, while reported monthly active users remained at 1.4 million. The figures show stronger transaction activity alongside fewer active cards and a stable reported user count.
The question is whether that activity produces enough revenue to improve profitability while Exodus Movement, Inc. (NYSEAMERICAN:EXOD) integrates Monavate and reduces costs.
Payment growth persists after adjusting for currency translation. Exodus Movement, Inc. (NYSEAMERICAN:EXOD) converted sterling payment volumes into dollars using average rates of $1.35 per pound for August and $1.34 for July. Reversing those conversions implies approximately 4.8% growth in underlying sterling volume, compared with 5.6% in reported dollars. Both calculations use rounded disclosed figures.
Web3 exchange-provider volume increased approximately 19.7%. XO Swap partners contributed 23% of volume in both months. The unchanged reported share suggests both the partner channel and the remaining business contributed to growth.
#reported #exodus #nyseamerican
Separately, Web3 exchange-provider processed volume increased to $376.8 million from $314.8 million, while reported monthly active users remained at 1.4 million. The figures show stronger transaction activity alongside fewer active cards and a stable reported user count.
The question is whether that activity produces enough revenue to improve profitability while Exodus Movement, Inc. (NYSEAMERICAN:EXOD) integrates Monavate and reduces costs.
Payment growth persists after adjusting for currency translation. Exodus Movement, Inc. (NYSEAMERICAN:EXOD) converted sterling payment volumes into dollars using average rates of $1.35 per pound for August and $1.34 for July. Reversing those conversions implies approximately 4.8% growth in underlying sterling volume, compared with 5.6% in reported dollars. Both calculations use rounded disclosed figures.
Web3 exchange-provider volume increased approximately 19.7%. XO Swap partners contributed 23% of volume in both months. The unchanged reported share suggests both the partner channel and the remaining business contributed to growth.
#reported #exodus #nyseamerican
22 hours ago
Logistic Properties of the Americas (NYSEAMERICAN:LPA) moved closer to selling Parque Logístico Lima Sur after Peru's antitrust authority, INDECOPI, approved the transaction on September 11. FIBRA Prime would acquire the entire 1.3-million-square-foot logistics park for $145 million. Customary administrative closing matters remain outstanding.
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.
#cash #logistic #nyseamerican #Mexico
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.
#cash #logistic #nyseamerican #Mexico
23 hours ago
Immigrants applying to live permanently in the United States can be rejected if they receive public benefits, beginning this week.
Use of Medicaid, food stamps, tuition ******* istance and free school lunch programs, among other government ******* istance, could all be grounds for denying a green-card application.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
The policy from President Donald Trump's administration, which took effect Friday, marks a dramatic change to a long-standing federal policy consistent with the president's efforts to restrict legal immigration pathways.
The rule could reduce federal and state payments by $13 billion a year, by persuading some 950,000 people to disenroll from or avoid federal safety net programs, according to estimates from the Department of Homeland Security. The agency said that the rule aligns with Congress's intent that noncitizens "in the United States be self-sufficient and not dependent on taxpayer-funded government benefits."
#states
Use of Medicaid, food stamps, tuition ******* istance and free school lunch programs, among other government ******* istance, could all be grounds for denying a green-card application.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
The policy from President Donald Trump's administration, which took effect Friday, marks a dramatic change to a long-standing federal policy consistent with the president's efforts to restrict legal immigration pathways.
The rule could reduce federal and state payments by $13 billion a year, by persuading some 950,000 people to disenroll from or avoid federal safety net programs, according to estimates from the Department of Homeland Security. The agency said that the rule aligns with Congress's intent that noncitizens "in the United States be self-sufficient and not dependent on taxpayer-funded government benefits."
#states
1 day ago
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Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#Visa #part #stores #mastercard
Visa and Mastercard ATM cash withdrawals spanning roughly 19 years are part of a class-action lawsuit settlement totaling $167.5 million.
The case, known as Burke v. Visa Inc., involves independent ATMs often found in convenience stores, gas stations, grocery stores, hotels, and bars — non-bank locations that often levy surcharges on cash withdrawals.
Here's who is eligible for a cash payment as part of the settlement.
Read more: Just received a settlement? 5 smart ways to use the money.
#Visa #part #stores #mastercard
1 day ago
A woman from a low-income family in China crossed over into Hong Kong to get to a concert she had spent months saving up for.
It was a trip that Beijing’s vast surveillance apparatus didn’t miss. Now her family face the prospect of losing their government benefits for splurging on “high-end consumption.”
The incident has sparked massive debate across Chinese social media over whether those receiving benefits are also entitled to small luxuries. It’s also a reminder of the staggering extent of the Chinese government’s surveillance system, one turbocharged by advances in AI and the embrace of digital payments.
The story first surfaced in a post on popular site Red Note in early September by a user who said they were the young woman’s cousin.
The woman, surnamed Huang, had “worked hard doing manual labor and saved up from the subsidies” to pay for the concert ticket and expenses of traveling to Hong Kong, around 235 miles (380 kilometers) from her home in Jiangxi province, the post said.
#hong #family #government #benefits
It was a trip that Beijing’s vast surveillance apparatus didn’t miss. Now her family face the prospect of losing their government benefits for splurging on “high-end consumption.”
The incident has sparked massive debate across Chinese social media over whether those receiving benefits are also entitled to small luxuries. It’s also a reminder of the staggering extent of the Chinese government’s surveillance system, one turbocharged by advances in AI and the embrace of digital payments.
The story first surfaced in a post on popular site Red Note in early September by a user who said they were the young woman’s cousin.
The woman, surnamed Huang, had “worked hard doing manual labor and saved up from the subsidies” to pay for the concert ticket and expenses of traveling to Hong Kong, around 235 miles (380 kilometers) from her home in Jiangxi province, the post said.
#hong #family #government #benefits
2 days ago
Seagate Technology Holdings plc (NASDAQ:STX) announced on September 9 that its subsidiary, Seagate HDD Cayman, completed the redemption and exchange of its remaining 3.50% exchangeable senior notes due 2028 on September 8. Approximately $150.7 million of principal was retired through a settlement involving approximately $150.97 million in cash and 1,647,862 ordinary shares.
For notes submitted for exchange, principal was paid in cash, and the exchange obligation above principal was settled in shares, with cash for fractional shares where applicable. The share delivery therefore satisfied an existing contractual obligation.
Seagate Technology Holdings plc (NASDAQ:STX) has removed a 2028 maturity and the remaining settlement uncertainty attached to this instrument. Based on the approximately $150.7 million principal balance and 3.50% coupon, the transaction eliminates roughly $5.3 million of annual stated interest. That is a calculated annualized saving before taxes and any interest income lost on the cash used.
Recent cash generation supports the ability to absorb the payment. As of July 3, 2026, Seagate Technology Holdings plc (NASDAQ:STX) reported $1.704 billion in cash and cash equivalents. Fiscal fourth-quarter free cash flow was $1.118 billion. This company-defined non-GAAP measure is operating cash flow less acquisitions of property, equipment, and leasehold improvements.
The settlement cash payment equals approximately 8.9% of that reported cash balance. Although the July figure predates settlement, it provides a useful measure of the transaction's scale.
#technology #million #exchange
For notes submitted for exchange, principal was paid in cash, and the exchange obligation above principal was settled in shares, with cash for fractional shares where applicable. The share delivery therefore satisfied an existing contractual obligation.
Seagate Technology Holdings plc (NASDAQ:STX) has removed a 2028 maturity and the remaining settlement uncertainty attached to this instrument. Based on the approximately $150.7 million principal balance and 3.50% coupon, the transaction eliminates roughly $5.3 million of annual stated interest. That is a calculated annualized saving before taxes and any interest income lost on the cash used.
Recent cash generation supports the ability to absorb the payment. As of July 3, 2026, Seagate Technology Holdings plc (NASDAQ:STX) reported $1.704 billion in cash and cash equivalents. Fiscal fourth-quarter free cash flow was $1.118 billion. This company-defined non-GAAP measure is operating cash flow less acquisitions of property, equipment, and leasehold improvements.
The settlement cash payment equals approximately 8.9% of that reported cash balance. Although the July figure predates settlement, it provides a useful measure of the transaction's scale.
#technology #million #exchange
2 days ago
American Tower Corporation (NYSE:AMT) priced $1.6 billion of senior notes on September 9: $500 million at 5.300% due 2031, $500 million at 5.560% due 2033, and $600 million at 5.750% due 2036. Once issued, the three tranches would carry combined annual coupons of $88.8 million, equivalent to a weighted average coupon of 5.55%.
American Tower Corporation (NYSE:AMT) expects approximately $1.580 billion in net proceeds. It intends to use $600 million to repay 1.450% notes due in 2026, with additional proceeds designated for revolving-credit debt and general corporate purposes. The financing exchanges a near-term repayment requirement and some revolving debt for longer fixed-rate obligations.
The investment question is whether greater funding certainty compensates for the higher cash-interest commitment.
American Tower Corporation (NYSE:AMT) would remove a $600 million maturity falling due this year once the planned repayment occurs. That reduces exposure to having to refinance the obligation closer to its deadline, when borrowing conditions could be less favorable.
The new maturities also distribute principal repayments across 2031, 2033 and 2036. For American Tower Corporation (NYSE:AMT), a spread of repayment dates can support financial planning across its communications-site and data-center portfolio. Fixed coupons make the cost of this funding predictable.
#tower
American Tower Corporation (NYSE:AMT) expects approximately $1.580 billion in net proceeds. It intends to use $600 million to repay 1.450% notes due in 2026, with additional proceeds designated for revolving-credit debt and general corporate purposes. The financing exchanges a near-term repayment requirement and some revolving debt for longer fixed-rate obligations.
The investment question is whether greater funding certainty compensates for the higher cash-interest commitment.
American Tower Corporation (NYSE:AMT) would remove a $600 million maturity falling due this year once the planned repayment occurs. That reduces exposure to having to refinance the obligation closer to its deadline, when borrowing conditions could be less favorable.
The new maturities also distribute principal repayments across 2031, 2033 and 2036. For American Tower Corporation (NYSE:AMT), a spread of repayment dates can support financial planning across its communications-site and data-center portfolio. Fixed coupons make the cost of this funding predictable.
#tower
2 days ago
Reps. Mike Lawler (R-NY) and Josh Gottheimer (D-NJ) say they would not have raised interest rates and discuss the impact of higher rates and inflation on consumers. Rep. Lawler says the Fed's decision demonstrated its independence and discusses President Trump's proposed $5,000 dividend and questions over how it would be paid for. Rep. Gottheimer says higher rates will hurt consumers through credit-card bills, housing payments and other costs. They also discuss their bipartisan Stop Rogue AI Act and the need for federal standards to identify and control AI agents, while keeping the US competitive in artificial intelligence. They speak with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."
#rates #lawler #president
#rates #lawler #president
2 days ago
Toast (NYSE: TOST) is a leading provider of financial technology services for businesses in the restaurant industry. The business is growing rapidly and still seems to have a long runway for expansion, but some of its business segments are carrying a lot more weight on the profitability front than others.
In the second quarter, Toast's revenue grew 23% to reach roughly $1.91 billion. Meanwhile, the business posted net income of $154 million in the period -- good for a margin of roughly 80.7%. The company's payments business once again did the heavy lifting in driving profits, but the picture is also more nuanced.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In the second quarter, the financial technology solutions segment that includes Toast's payments business accounted for $1.57 billion of its overall sales in the period -- roughly 82.2% of the total pie. While the segment's total cost of revenue accounted for roughly $1.21 billion of the total $1.39 billion cost of sales in the quarter, it was still central to the business's gross profit of roughly $516 million in the quarter.
Notably, the company's hardware and professional services segment had a substantially negative gross margin in Q2. While the unit posted revenue of roughly $48 million in the period, it had a cost of revenue of $116 million -- and that doesn't factor in operating expenses for the segment.
#business
In the second quarter, Toast's revenue grew 23% to reach roughly $1.91 billion. Meanwhile, the business posted net income of $154 million in the period -- good for a margin of roughly 80.7%. The company's payments business once again did the heavy lifting in driving profits, but the picture is also more nuanced.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In the second quarter, the financial technology solutions segment that includes Toast's payments business accounted for $1.57 billion of its overall sales in the period -- roughly 82.2% of the total pie. While the segment's total cost of revenue accounted for roughly $1.21 billion of the total $1.39 billion cost of sales in the quarter, it was still central to the business's gross profit of roughly $516 million in the quarter.
Notably, the company's hardware and professional services segment had a substantially negative gross margin in Q2. While the unit posted revenue of roughly $48 million in the period, it had a cost of revenue of $116 million -- and that doesn't factor in operating expenses for the segment.
#business
2 days ago
Generating $2,200 monthly in dividends requires between $264,000 at a 10% yield and $754,000 at a 3.5% yield, with higher yields carrying greater principal erosion risk.
A blended portfolio of SCHD (35%), DGRO (25%), VYM (20%), and JEPI (20%) hits a 3.9% weighted yield requiring about $670,000 to reach the $2,200 target.
A 3.5% yield growing 8% annually doubles income in roughly nine years, while a flat 10% yield stays stagnant or declines if distributions are cut.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Turning zero into $2,200 a month in dividend income requires only two things: a target yield and the capital to support it. The annualized goal is $26,400, which lands somewhere between covering a mortgage payment and replacing a part-time salary. The capital needed depends entirely on the yield you choose, and the yield you choose determines how durable that income actually is.
#yield #choose #dgro
A blended portfolio of SCHD (35%), DGRO (25%), VYM (20%), and JEPI (20%) hits a 3.9% weighted yield requiring about $670,000 to reach the $2,200 target.
A 3.5% yield growing 8% annually doubles income in roughly nine years, while a flat 10% yield stays stagnant or declines if distributions are cut.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Turning zero into $2,200 a month in dividend income requires only two things: a target yield and the capital to support it. The annualized goal is $26,400, which lands somewhere between covering a mortgage payment and replacing a part-time salary. The capital needed depends entirely on the yield you choose, and the yield you choose determines how durable that income actually is.
#yield #choose #dgro
2 days ago
The best time to refinance is when your credit score or overall financial situation has improved.
Generally, you should aim to either lower your interest rate or your monthly payment — preferably both.
Avoid refinancing when auto loan rates are high or if you won't be able to save money by switching lenders.
It makes sense to consider refinancing your auto loan if you can lower your interest rate and monthly payment. The refinancing process involves swapping your current loan for a new loan with different — and ideally better — terms.
However, refinancing is not always a wise financial move. If interest rates are high, or if you're close to paying off your loan, then it may make more sense to stick with your current lender. Knowing the ins and outs of when to refinance and when to wait will help you make the best decision for refinancing your auto loan.
#financial #lower
Generally, you should aim to either lower your interest rate or your monthly payment — preferably both.
Avoid refinancing when auto loan rates are high or if you won't be able to save money by switching lenders.
It makes sense to consider refinancing your auto loan if you can lower your interest rate and monthly payment. The refinancing process involves swapping your current loan for a new loan with different — and ideally better — terms.
However, refinancing is not always a wise financial move. If interest rates are high, or if you're close to paying off your loan, then it may make more sense to stick with your current lender. Knowing the ins and outs of when to refinance and when to wait will help you make the best decision for refinancing your auto loan.
#financial #lower
2 days ago
Leasing a car requires less money upfront and has lower payments, but there are typically mileage restrictions and additional costs.
Buying can mean more expensive monthly payments and long-term maintenance costs, but you have greater control over its use and lower costs in the long run.
With leasing, you do not own the vehicle at the end of the lease term. Financing is more expensive in the short term, but you will own the vehicle once you've finished paying.
When you lease a car, you pay to use it and return it once the lease term is up. This often means lower monthly payments, but leasing can be more expensive than buying a car since you won't be able to sell your car or use it as a trade-in for your next purchase. Buying a car means owning it outright — once you've repaid your loan — and can drive it for years after your monthly payments finish.
If you're deciding between the two, balance your desire for top-of-the-line tech and a reasonable monthly payment against the long-term benefits of owning a car.
#term #payments #lower #costs
Buying can mean more expensive monthly payments and long-term maintenance costs, but you have greater control over its use and lower costs in the long run.
With leasing, you do not own the vehicle at the end of the lease term. Financing is more expensive in the short term, but you will own the vehicle once you've finished paying.
When you lease a car, you pay to use it and return it once the lease term is up. This often means lower monthly payments, but leasing can be more expensive than buying a car since you won't be able to sell your car or use it as a trade-in for your next purchase. Buying a car means owning it outright — once you've repaid your loan — and can drive it for years after your monthly payments finish.
If you're deciding between the two, balance your desire for top-of-the-line tech and a reasonable monthly payment against the long-term benefits of owning a car.
#term #payments #lower #costs
